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OCT 12 '93 11�10 T04N OF SNOWMRSS VILLRGE P.?/8 '�'• '
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A JOINT RE50LUTION OF THE BOARD OF COUNTY COMMTSSIONERS 08 PITKIN •
? COUNTY, COIARADO, THE TOWN COUNCIL OF SNOW1�lASS VILZ�AGE� COIARADO�
AND' '1AE CITY COUNCIL OF THE CITY OF ASPEN, COIARADO APPTtOVYNG A J''"r �
COMPREHENSIVE VALLEY TRANSPORTATTON PLAN AND ENDORSZNG A oNE-HALF �a
(2/2) CENT SALES TAX ANA ONE-HALF (1/2) CENT USE TAX TO FUND �. , -'
ELEMENTS OF SAID TRANSP012TATION $LAN. •
�//"y Resolution � �� , , if� .':
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RECITALS `'`
1. The Aspen City Council ("Aspen"), the Pitkin County Board �
�...
oY County .COmmissioners ("County"), •and the Town Council of •,;��
Snowmass Village ("TOSV'�), are work3ng together to splve common �
• transportation problems; and � .,t,,';
. 2. Aspen, TOSV and county�have previously adopted a joint �
resolution identifyinq a conceptual framework for a comprehansive , ,.
transportation strategy for the ltoaring Fork Valley, a c.opy of
�i which is attached hereto as Exhibit "A"; and .
3. Aspen, TOSV and County have continued to work coopera- � F.`.�
tively to further refine sriort and long-term county-wide strategies ''��"�
' addYessinq txansportation problems; and
4. Aspen; TOSV and County now wish to set forth their mutual
understanding for a Comprehensive valley Transportation Plan and
the process for funding and implementing the pZan; and. 'e
5. Aspen, ToSV and County have agreed to submit to Pitkin � '
County voter•s a county-wide one-half (lJ2) cent sales tax and one-
half (1/2) cent use tax measure at a November 2, 1993 county-wide R "'"
� election, the revenues frora which would �und implementation of the
elements of the Comprehensive Valley Transportation Plan ds set
`+ forth laelow. ' ,
� . ,
�� NOW, TSEREFORE, BE IT RESOLVED by Aspen,. ToSV and County,that ,
- •Exhibit "8" as attached.hereto shall be and is hereby adopted" as
the comprehensive Valley Transportation Plan for addressing - -
� transportation problems and issues in the Roaring Fork Valley. -
)
BE- ZT' FURTHER RESOLVED THAT: � �
� ,�:�.
i. Revenues from the ane-hal! (1/2) c.ent s�l�s tsx sha12 ba tI 3,���
; usefl only for the following qeneral elements of the comprahensive � x'';_
Valley TYansportation Platt: . � =; ,� �
3�� I
(a) To improve and enhance both hours and fre uenc of ; �'
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` � down-valley bus transportation by purchasing and :?,;� .
i • • operati.nq five additional buses (2 buses for Aspen
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: OCT 12 '93 11�11 TOI�-I OF SNOWMqSS VILLAGE P.3/B 7,''', '•
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� to Snowmass arid 3 busas for down-valley commuters 'J:.�'%�
(the B-linaj ; .
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(b) For construction and operational costs (including. • �� `��' '
associated design, engineering and feasibility � "5��.';..`<'r• •
studies) of a separate, dedicated transit-way ��?` ` :
between downtown Aspen and the airport (the A-line) Tf:`°•
and between Aspen and Snowmass (the C-lirte) ; �X �
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(c) To fund operational and/or acquisition costs o£ ,+,
park-and-ride/intercept lots at both Srush Creak L' '
, and the Aizport/BUttermilk area; ,;:�Z
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! (d) To undertake such other projeets which fit within i `.r
+ the qeneral frameworK o� the overall comprehensive �• "
plan and which are approved by amendmenc to.this {``
Resolution.
; .. ,
-i �. Revenues from the o�e-half (1/2) cent use tax �shall be ;;'.
used €irst for the Aspen, TOSV and County share of the purchase of
the Denver & Rio Grande right-of-way for trails and/or transporta-
tion purposes. ,,� ;.`',��
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' BE IT FURTHER RESOLVED THAT the following steps shall be taken
• to implement the Comprehensive Valley Transportation Plan by the '
parLies: ,
i. The axecution of an interqovernmental agreement betwean �+
aspen, TOSV and county prior to the Navembez 2, 1993 county-wids
sf election that shall, at a minimum, mandate that all revenues "• +- .
`" derived from the one-half (1/2) cent sales/use taxes be spent only
� on those transportation prajects or sesvices as agread upon by all
,, three jurisdictions;
�5
2. Obtain voter approval of the one-half (1/2) cent .county- ��
�`` wide sales/use taxes for. transportation; �
:�
' �. Conduct regular public meetings of represehtativas of the '
thr.ee� jurisdictions and other invited partias so as to continu� to
refine and agree upon proposed projects as well as to pursua
additionai funding from local, private� state and federal sources ,a:
to supplement the one-half (1/2) cent sales/use tax revenuas; a �
. . ' ,s?�:;',- .
4. Seek and obtain, if necessary; voter approval for bonding �;; �;;,
foz' speciflc projects as they are developed and agreed upoh; � .-::,E
li.,f,� � { -
, 5. In the event the one-hal! (1/�y cent sales/use taxes do . #�f �
not ,pass, the parties shail continue to work together to pursue R `'
alternate Eunding sources necessary to implemenL the plan and shall ��,�,�
2
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OCT 12 '93�il�ll TOW�7 OF SM04Y�15S VIUAGE • p,qig = .
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proceed with implementation of those elements of the plaa as can be �;;-:�, �
� supported from axisting or other Puture revenua sources. .
i � AND BE =T FURTHER RESOLVEB AND 'DECLARED THAT Aspen, TOSV ar►d � ������1�`'
County strongly endorsa and urge passage by the Pitkin County `�`
� electorate of the proposed county-wide one-half (1/�j cant sales . _�i: ,
� ' and use �axes to fund mass transportation as to he voted upon at a �?r"`-•
county-wide election on November 2, 1993_ ; r7 ,.
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� APPROVED AND AOOPTED AT TFTE 1tEGOI,AR MEETING OF E PITKIN '�� .
COUNTX BOARD OF COMMISSIONERS ON THIS I`N" DAY OF �^, �
i 1999. ' • '�:'��,
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! � EOARD OF COUNTY C YSSIoNERS � �� /�
PZTKIN COUNTY, OL RADO ' �k''''
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3r � � gY; �
) Jeanette Jones ¢ Wil , Chairman ' ';
� Deputy County Clerk ",
MANAGER APPROVAL: APPRO�D A$ TO FORM• . {�:y�
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- Reid Haughey 2im Whi s t ' �
' county Manager counEy A rney
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APPROVED AND ADOPTED AT TKE REGULAR MEETIN oF THE TOWN
CO CIL OF SNOWMASS VILLAGE, COIAF2Ad0, ON THIS L�� OAY OF
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I �S WMASS VILLAGE TOWN COtJNCYL • �:
�.�,� �.`� :_._ �, � �
`�� � Trudy Worline, 2own Clerk Jam H_ Hoo eY., Mayor _ . '
� . MANAGER APPROVAL: APPROV � AS TO FORM: � '•
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� Gary Su er, Tovn Manager • Steve Conner, Town Attorney ' �r �,:,'
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� OCT 12 '93 11�12 TO6N OF' SN�PIRSS VILLAGE . . P:Si8 �'�• `,.
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APPROVEi) AND ADOPTED AT THE REGUT�AR MEETING OF THE ASPEN CZTX � �
COUNCIL, COIARADO, ON 'PHZS DAY OF r 1993• .� `
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( xathryn . Koch, City ClerlC Joh S. Sennett', Mayor •,�
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� MAN EK APPROVAL: APPROVED AS TO FORM: • �`;_Y
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� Edward M. Caswall
Amy qerum � ��
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City M nager City•Attorney ��..��
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EXAISIT "B" '..
Comprehensive Vailey transportatian Plan ��''��':�:., ,
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6lenwood Springs t-10
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I-7o ♦•e J r�• Exislmy arwonro �': r ':
� 6e finished raods t i
; "aanmizdiDeduotetl Gun�t Ydmi r
` 4�ane N�yy �� �'7f fr.;�fine�=iufi¢!Clss ;:
-� � ��,` � :i;ucNv 3 in•r.mnmemmry Unobtrusi•ie :�-� ' �
(UIMEStf1C1C01 :.. ,
! �CarbO�ole �v..
i ��
� g � ��• H�V High Ottupancy VeMcles
• EI Jebel
I Enhanced Down Yalley Bus System r�� O Pork ond Ride Lnts
'The B-Line" t ''
! •10 minule headways oi peak times 4�ane Hwy��t � �� �"�
•lnnger aperuting houa (umeshictedl BaS��t '"'�_�
��? � ` 4 lane hwy w/ '�
2 lones reshicted b H9V af peak houis •�:'�%
. ;,,� ! _ Wood�Creek
' '°'o''°°a,"ish°"� Brush Creek
'; Snowmass ViNage � l • � Park&Ride lot
? •Enhanced Bus and Shuttle Routes � �� A lane Hwy w% ��
� •4ial�A-Ride 2 lanes reslricted to HOV at peok houa �'�T�
; •8ike nnd Pedeshian Improvemenh ,�o� '
; ,Poay�da
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' MuItFModoi Transit Center � �B��BUtt2f(ill�k �;�
•Info�mahon
� >.!u�::;:.i��a •Pork 8 Ride 2-lane H�;ry
----b Highlands G1 '
; � ''
: mml mad w/shunle � :�,
esr��cren r;rt.�nc ?
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�.\ � s,�en .��:°:� 2-lane Hwy
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� �:i[:fCiCQ�Jc::RcL'tl;SCfi57i':�UY ; � .
.�r,�:tritred Pariina
. Oownta^m Poid Pa�king _+ � ,,. Cross Town Shu�les �
1
Rio 6ronde Paid Parking 6aroge �
Priarifiy Uses far i/2t$oles/l)se Tax •��fo�„��„ f K:;°
>��n�ro:�eti Jo�rJn vailey Bus�ysiem ��
� �nstr�uion ;'�riu'C lines ASp2fl East End Paid Parking Garage � 3
�• !�ht acauisirion oi DRG R049 �� . F
, ,,::',i;Je z�;s •Enhnnced 8us 8 Shuttle Rautes (Cmcepn,oU
.. � •DiaNHRide �
•Bike 8 Pedesfion Imptovements ��`
•Neighborhood Pak&Rides �o,� �,
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w,�y� Independente Puss �,
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OCT 12 '93 11:12 TObN OF SNObT1RSS VILLAGE ' . . P.6i8 • - -
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' , EXHIBST "C" -
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A rOYN'T R�SOLUTION OF THE 130ARD.OF COUNTX C014ARTSSTONERS OF ��=`
PITKIN COYJNT'Y, COLOItADO, TEiC TOWN COUNCIL OF SNOW1KA55 ! �:''�� �
VTLLAGE,GOLOIiADO,ANI)T�IE CITY CUUNCIL OF'Z'H�CTT'Y'OF ASPEN, '�''=�-�'
COLORADO, CONFIR�I+IING THE TRANSPORTATION PROJEC7'S '
DESTGNAT�D TO IiE FUNDED FROM TH� PROCEEDS OF �`�
��,,,.: . '"
TRANSpORTATION I2�'t�NUE BONDS_ .. c�_.,: -
��y �.
Resolation f�. �v2 '+�``
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; RECITAY„� � • j�. � '
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! 1. The Aspen City Council ("Aspen"), the Pidcin County Board of County +. y-�'
Commissioners("County"),and the Town Council of Snowmass Village("'TOSV"},have �• �
jointly agreed to work together to soive common transportation problems; and
2. Aspen, TOSV and County have previously adopted joint resolutions to: i) .
identify a conceptual framewcrk for a eotnprehensive transportation strategy for the
. Roaring Fork Valley, and Z} approve a comprehensive vailey transgortation plart and -
� endorse one-half(1/2)�cent county-wide sales/use kaxes to fund elements of said plan;and �� `'>'�`
� �� .
. Y 3. It is the incent of.Aspen,TOSV and County w maximize other rcvenae sources
� priar to issuing pubiic debt; and
i
i �
f 4_ Local public funding will be supplcmcnted to the graatest cxtcnt possiblo by
' additional fedcrai, state,and privatc funding for trnnsportation improvemcnts within the. �. d
§ Roaring Fork Va1ley; and •
�
5. The Roaring Fork Transit Agency ("R�'I'A") will continue to aggrassively ''�tl
� pursue fcdecal grant revenues; and . . �
�.: l:,�
�
`�_�. � G. RFTA fare stnecturc, opezating schedules and/or routcs will continue to be •
evaluated and revised to maximize cost efficiency and effectiveness. �
. '.
s NOW,THERF.FORE,BE IT'RESOLVID by Aspen,TC?SV and County that t}te � 3°
; foilowing projecc list (Exhibic A) shall.be adopud as thoso designated projects to be • r,�
ge;:.
j funded from the pmoeeds of transportation revenue bonds as issued at such times and in .:"`�
i such amounts as tlic parties hercto may from time to time agree;subject ta the approval �i,j r��;
by the electarate of all proposed bonds at a cotu�ty-wide election(s). �t.�i' t '
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OCT 12 '93 21�12 TOI•N OF SNOW4RSg VIL_LA�E P.7B ;';� -
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i 'I'RANSPORTAITON REVENUH�BONDS:POTENI'fAL PROIECCS • �,.c;-' r'
{ ; y 1.
� 1993 Projects Esdmated Cost Bond Siu{1) Anaual De6t Re}uymeat ' � �` �
� _..�.._.._ Smice(� Fwuiing Sourx ;
t � .
S replaeement buses .y��
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&spnrc angine 1,290.000 1,498,000 170,000(12) exitting 1%snles ;�r�'`' .'' -
� • � , ;":;,'.
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5 reptaccmwc bases L,235,000 ' 1,434,000 I62,000(12) new,W be %�+ `;'
� . detemdned r;�:,
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5 ncw buses for d.v&s.v. 1,235,II00 1,434,000 162.000(12) nw t29i afea tu �i_
$ 3 new buses for lo[shattk 741,000 860.000 97,000(12) eew parkiaQ . E;y� .�.
s . . revC0uC6 i,+-
� VC
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. � Rio Grande ROW 5;000.000' S,805.000 532,000 ,k;'.�
=� (20) ntw 1/2%itse tax
for S?AO.o00
remndr frometa[a
y &dv govcs.
� 9,SOI,OOQ Il,D31,000 1.123,000
�y �,{
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2 pirio-and-ridc lots 2;25Q,000 2,612.000 '239,000(20) sule or private, .�'.:
� • othniwise w be
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� 11,751,000 13,643,000 1.362.00U �
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1994 Proiecit '
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, OCT iZ '93 11:13 704W OF SN04I�ASS VILLAGE P.8i8 - •
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APPROVED AND ADOPTED AT THE RECULAR�EETING OP THE PITKIN ';!� �
COUNTY BOARD OF COMMYSSIONERS ON T�S i DAY Ol�,
l993. �. � ; :.`a:.�`; •;
. �;..:-.:_ .
• • BOART�OF COUNTY COMMLSSIONERS '�''r�~'
PITICIN CO , COLORADO ' �_
���'i `'�� .B,,; .�_
Jeanette Jones ° �� Wi iam uite, Cfiairman ; �5! •:
Depury County Clerk r�;;:,
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MANAGER APPROVAL: APPROVED AS TO FORM: ��`
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Reid Haug cy Tir►�W " t
, County Manager County A rney t
�i APPROVEDANDADOPTEDATT$EREGULARMEETING THLTOWN "•`•
C NCIL OF SNOWMASS VILLAGE, COLORADO, ON THTS 1 `�� DAY OF• �� a'>�;'�
�;; 1}93. . . �. .
� � SNOW A S AGE TOWN COUNCIL � �
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{ Trudy Worline,Town Clerk Ja s H. ooker, Mayor �� �
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� MANAGER APPROVAL: APP120VED AS TO�O1tM:
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�� :1. Gary Suiier, Town Manager Steve Conner,.Town Attorney ' •
. • � �,
� •APPRQVEDANDADOPTEDA'T?HEREG'(7�Al2MEETINGOFTHEASPEN `,'
CI"fY COUNCIL,COL.OT2AD0,ON THIS Z_ DAY OF ' , 1993. y�=�
. �:'�
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Kathryn Koch, City Cierk John . Bennect, Mayor � '��� �
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3 OCT 12 •93 11�13 T04N OF $ryONP'WSS VILLRGE p,gig
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• MANAG�R APPROVAL: AT'PROVED AS TO FORM: .}�`'- .,r'
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' Am argcr Edward M. Caswail � '
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Exhibit "D"
'''��'.:,.'�, ,
1/2$ SALES AND USE TAX TO FUND MASS TRANSPORTATION IMPROVEMENTS �.
SHALL PITKIN COUNTY TAXES BE INCREASED UP TO $2,870,OOOZ ANNUALLY
BX THE IMPOSITION OF AN ADbITIONAL ONE-HALF OF ONE PF�RCENT SALES
TAX AND AN ADDITIONAL ONE-HALF OF ONE PERCENT USE TAX COMMENCING !"7" '
JANUARY 1, 1994, AND THEREAFTER, FOR THE PURPOSE OF INCREASIN6 AND
IMPROVING THE PUBLIC MASS TRANSPORTATION SYSTEM WITHIN THE ROARING ''��'r� .
''r: - ,
FORK VALLEY� ��".'��' ;-'. .
s�,:
such mass transportation system improvements to be approved •
by intergovernmental agreement between Pitkin County, the City of i "'y'„
Aspen, and the Town of Snowmass Village and to include but not be :��::
� limited to (i) increased and improved bus service, including, where `�"
i ' .;s, ..,
feasible, the convezsion of diesel-powered buses to cleaner- ,:��
'l burning alternative fuels, (ii) park-and-ride facilities, (iii)
� participating with Roaring Fork Valley governments and/or others �
to acquire the Denver and Rio Grande railroad right-of-way for �:,.�
transportation and related trails and open space uses, and (iv) a ' '-'
fixed guide-way public transportation system on a separate right- �.
of-way (such as a busway, monorail, light-rail or similar , �� �
• i mechanical transit system) connecting Aspen, snowmass and e
; downvalley locations within the Roaring Fork Valley and developed
j with the participation of federal, state, and private entities;
Ithe proceeds of such one-half of one percent use tax to be �-
� utilized first for the acquisition of the Denver and Rio Grande '� "�'
' �„%,;.
railroad right-of-way (unless an acceptable purchase agreement N
cannot be reached) and then for other public mass transportation }
� system improvements;
the proceeds of both taxes to be supplemented to the greatest _
� extent possible by additional fedezal, state, and private funding , �
i for public mass transportation system improvements within the ;� �
j Roaring Fork Valley;
_.� and the receipt, collection and expenditure of the full
proceeds of such sales and use taxes to not be limited by Article �
1 X, Section 20 of the Colorado Constitution (except that the first • �,.
full fiscal year's collections may not exceed the estimated dollar
�`� amount stated abovej and to not thereby otherwise limit the
_� receipt, collection or spending of any other revenues or funds by
' Pitkin County? -
,�
Note: As authorized by state statute, approval of this �,
question will result in an aggregate sales tax rate in i�!
the incorporated areas of the County in excess of the ��;:;.,
current seven percent statutory limit. The aqgregate �r ;.;o
sales tax rate in the remainder of the County would be � xc_�,
6.5 percent. �I.' i
i t.� �
' i �.
(1} The estimated maximum amount to be collected in 1994 from S� "
� the proposed sales and use tax, calculated as the amount that would �}'�� '
have been collected in 1992 ($2,049,159 from the sales tax plus ,'4�,,r':,,
$246,746 from the use tax) and increased by 25$.
(2) Use tax is collected on motor vehicles and building �
; materials purchased outside of the county and brought into the `', ,
i County for use. �. :�.;
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Exhibit"E"
TRANSPORTATION REVENUE BONDS
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� ::�:..::7' ..
SHALL PITKIN COUNTY DEBT BE INCREASED A PRINCIPAL AMOUNT OF UP TO `�,::>�
luxa
� $13,650,000 WITH A REPAYMENT COST OF UP TO $29,725,0001 BY TFIE ;�.;;''";: -
ISSUANCE AND PAYMENT OF REVENUE BONDS AT THE BEST AVAILABLE NET i��':.'
� EFFECTIVE INTEREST RATE NOT TO EXCEED 8 1/2� PER ANNUM, AND WITFI ,'���'
' A MATURITY DATE NOT TO EXCEED 21 YEARS FROM THE DATE OF ISSUANCE, �'� `
� FOR THE PURPOSE OF INCREASING AND ZMPROVING THE PUBLIC MASS � �"
t ��;; .::
TRANSPORTATION SYSTEM WITHIN THE ROARING FORK VALLEY; i.,�' _
� such mass transportation system improvements to be approved
by intergovernmental agreement between Pitkin County, the city of �y�,
' Aspen, and the Town of Snowmass Village and to include but not be �
�, limited to (i) increased and improved bus service, including, where �' ,E.,�.
feasible, the conversion of diesel-powered buses to cleaner-
� burning alternative fuels, (ii) park-and-ride facilities, and (iii) �
• participating with Roaring Fork Valley governments and/or others , ,;
to acquire the Denver and Rio Grande railroad right-of-way for
transportation and related trails and open space uses;
� such bonds to be issued in one or more series, with or without ��° `'- ��`
` a premium for redemption prior to maturity, and upon such other
terms as the Board of County Commissioners of Pitkin County may
E•�- determine, Pitkin County being authorized (i) to refund the bonds;
- (ii) to pledge sales and use taxes and any legally available
revenues of the transportation system in an amount sufficient to
pay the principal of, premium, if any, and interest on the bonds
and any refunding bonds when due; and (iii) to receive, collect and `� ��
spend the proceeds of the bonds and any refunding bonds and the
revenues from such taxes and revenues and any earnings from the _
investment of such proceeds anc2 revenues without application of the ' �
revenue and spending limitations of Article X, Section 20 of the
Colorado Constitution and without thereby otherwise limiting the .; ;.,',
receipt, collection or spending of any other revenues or funds of
Pitkin County?
•\
� '
(1) Maximum repayment cost calculated as the sum of the equal =,
annual installments required to repay principal of $13,650,000 plus
interest at 8 1/2$ over 21 years. The actual interest rate, term �'
and repayment cost could be lower but not higher. ��;�,
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- � • INTERGOVER[�iMLNTAL AGREEMENT . . '.
� COMPREHENSIVL VALLEY TRANSPORTATION PLAN '�
� r .
' TH[S tNTBRGOVERNMENT L AGREEMENT ("AgreemenY'), is made and entered ,
�v inro as of this �y�day of , 1993,by and among r' r �
" -�S the CITY OF ASPEN,Colorado,a home rule municipal corporation("City"),THE TOWN OF �`
t� SNOWMASS VILLAGE, Colorado, a home-rule municipal corporation ("Town"), and the �;
- j �IIOARD OF COUNTI COMMISSIONERS OF THE COUNTY OF PITKIN,Colorado,a body ;•:�_?:, .•:
\ corporate and politic("County"). `'� '�
� '•�'"' -
h � • °r="`.
� � i .
W ITNESSETH:
��� .
0 t� WHEREAS, the parties to[his Agreement have the authority pursuant to Article XIV, Section ; '';_,_
�� 18, of the Colorado Constitu[ion and Seccion 29-1-20!, et se9., af the Colorado Revised �• 4.,,:
� Statutes,to enter into intergovemmentaf agreements for[he purpose of providing any service nr 9
, I� , perforniing any function which they can perform iudividually;and 2
� -
� WHL'RL-AS,the Aspen City Coimcil,the Town Council of die Town of Snowmass Village,and
� � � the 1'itkin County Board of County Commissioners adopted Joint Resolution No. 61 (Attached ,,.
hereto as Exhibit „A") which: ;f`?s
� � � • r�dopted a Comprehertsive Valley Transportation Plan {"Plan") establishing a
- � � framework for a comprehensive mass transportation strategy for the Roarina Fork
� River Valley, appended hereto as Exhibit "B";
� �`
`.' � • Set forth procedural steps to be taken by the parties to implement the Plan, `�`
: � including the execution of this intergovernmental agreement; and �
� • Set forth the parties' mutual understanding for a specific process for funding the
( Plan and other mass transportation elements; and ., �;
`. � WHGi2EAS, the Aspen City Council, the Town Council of d�e Town of Snowmass Vi]lage,and
�� ., the Piikin County Board of County Commissioners adopted Joint Resolution No. 62 (Attached _ �
+. hereto as Exhibit "C") which adopted specific elements to be funded from [he proceeds of
transportation revenue bonds as issued at such times and in such amounts as the parties may �'
from time to time agree, sub}ect to the approval by the electorate of all proposed bonds at a
county-wide election(s); and ,�:.�
WHEREAS, in accordance with said Ioint Resolution No. 61 the County has submitted to the �� r_'c
Pitkia County electorate a proposed counry-wide one-half(1/2)cent sales tax and one-half(1/2) !;` i -
cent use tax to fund the Pfan and other mass trxnsportatioiT elements to be voted upon at a "��-� �
county-wide election to be held on November 2, 1993(a copy of the ballot question is appended %���
hereto as Exhibi� "D" and by this reference incorporated herein); and 'S'?:� .
WHEREAS, in accordance with said Joint Resolution No. 61 the Counry has submitted to the �>� '
Pitkin County electorate a ballot question at the November 2, 1993,election seeking authority F
.
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� ' . ,��..A[L. :� : A�y.• '4.�� i�.�'t' yM���'�'���tci- . .... . W+ei.' ��'1.`�';�
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I to increase County debt by a principal amount of up to $13,650,000.00 by the issuance of _ ;,..
� revenue bonds for the purpose of financing improvements in the public mass transportation '`�`'"
� system within the Roaring Fork River Valley consistent with the Plan (a copy of the ballot �=-
` question is a ended hereto as Exhibit."E" and b this reference inco orated herein. �"�
PP Y rP ) �;`�?
` 'i;;::;;.-:``:.
jWHEREAS,the City and Town have urged and will continue to uroe their respective constituent '� ��
, ' '�'_:% : .
� electors to vote in favor of the above referenced ballot questions; and ; ��:;,:-:,;:.
i �.
! WHEREAS, the paRies hereto wish to further define and clarify the method and process by , �
which the implementation of the Plan will be funded. F'�`"°
; �i;�:.
; '-��CS"t
� NOW, THEREFORE, for and in consideration of the mutual covenants and agreements of the ; �:L,
parties, and other good and valuable consideration, the adequacy and sufficiency of which is �
j hereby acknowledged, the parties agree as follows: % '�:�P
Purpose. �`: .:t',;;.
Y `H
, K 1. This intergovernmental Agreement is designed and intended to define and clarify the �e
method and process by which the parties have agreed to fund and implement the Plan.
�
i ('omprehensive Vallev Transportation Plan. �
} ,;,±r�
1 2. The parties hereby reaffirm and incorporate herein as Exhibit "B" the Comprehensive
� Valley Transportation Plan for addressin�mass transportation problems and issues in the Roaring
• i Fork River Valley. �
?
� 3. The parties hereby agree to conduct regular public meetinas of representatives of the
� three jurisdictions and other invited members of dle public to continue to refine and agree upon i ��
proposed projects and transportation elements consistent with or complementary to the Pian,as
may be amended from time to time. �
4. The parties further agree that the amount of all expenditures and all projects to be funded ., ;'�
�vith revenues derived from the counry-wide one half(1/2)cent sales and one half(1/2)cent use
�, tax as described in paragraphs 7&8 below shall be agreed upon by all three parties in advance
,�� � of any such expenditure and/or project as evidenced by a resoiution duly adop[ed by the _ . '
; �overning bodies of each party. -
.�
s
' �. Amendments to the Plan shall become effecti've only upon the adoption of a joint ���;
resolution approved by each of the governing bodies of the parties to this Agreement formally ��:`
� amending relevant portions of Joint Resolutions No. 61 and 62. �' i .
,; rs;
� 6. T h e p a rt i e s h e r e t o ag r e e t o u t i t i z e t h e i r b e s t e f f o r t s t o s e e k a n d o b ta i n fundin g from local, f
�� i
state, federal,and private sources to finance the various elements of the Plan.These efforts shall �'•
inc lu de, w tlen deemed necessary, seekine voter a p proval for increased sales and use taxes as S
!
well as bonding authoriry for specific projects as they are developed and agreed upon by �
.,°�. ..
unanimous consent of the parties hereta -
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� 10. This Intergovernmental Agreement may be modified only by written amendment approved '��i -� +
; by all parties acting separately. ! ;i,,.� ,
€,' �
`€ i l. Nothing contained in this Agreement shall mean or be cons[rued to mean that an �...�,
'• individua[party to this Agreement may not independently fund or implement a specific element i�;��rt R.� .
of the Plan or sorne other transportation related project without the consent of the other parties. '�' "'''
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t 12. If any provision of'this Agreement or the apptication thereof to any person, entity,or ;;.-:,..'
; circumstances is held invalid,such invalidity shall not affect other provisions or apptications of :�� �
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j the Agreement which can be given effect without the invalid provisions or application, and to ��'�
this end the provisions of this Agreement are declared to be severable. ;;:` `'
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, 13. This Intergovernmental Agreement is not intended to create any right in or for the public, �;��4 T
,� or any niember of the public,including any contractor, supplier or any other third party, or to "'�h.
� authorize anyone not a party to this Intergovernmental Agreement to maintain a suit to enforce E..;;
. � or take advantage of its terms. The duties, obligations and responsibilities of the parties with .
respect to third partic shall remain as imposed by law,
� �:
� 14. Each party represents that it has the specific po�ver and authority to enter into and .
� consuminate this Agreement according to law and that it has followed the proper Iegal ..`
� f�'k.
procec(ures to authorize those persons whose names are subscribed below to execute this < �
� Agreement and obligates that party to perform this ADreement. ,, "���,
� IN WITNESS WHEREOF,the parties hereto have executed this Intergovernmental Agreement '
� on the day and year first above written. _ C
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CITY OF ASPEN, COLORADO:
By: ='
�•t � ATTEST: � `'
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• BOARD OF COUN OMLVIISSIONERS ;','�,_... tr
OF THE COUN PITKIN: ;..=;r
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APPR AS TO FOR • "•�; � '.
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TOWN OF SNOWMASS VILLAGE: I ':�
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By� t s�
ATTEST: � ��"-''
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APPROVED AS TO FORM: � �, .
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Aporoval of One-Haif Cent Sales and Use Taxes. ��'��''�:.r:t,.
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7. In the event that the county-wide one-half(1/2) cent sales ta�c and use tax increase is •
a roved b the electors of Pitkin Count at the November 2, 1993 election, the Coont with `S''�' '
PP Y Y � Y� .� y: •
the advice and conse��t of the Ciry and Town, hereby agree to annually fund or finance from � t
sales t�1x revenues the following elements of the Plan: ' �
;`•;?:�;�:,:
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a. Improvement an@ enhancement both of hours and frequency of down-valley bus t'� >
i transportation by the purchase and operation of five(5)additional buses(2 buses {'��:''�` '
-;F;,., ,
, for Aspen to Snowmass and 3 buses for down-valley commuter service(the B-fine j��;�w
� identified in the Plan)). ;,;,�:_
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� b. Construction and operation (including associa[ed design, engineering and , '`�:+,. •�
� feasibility studies)of a separate,dedicated transit-way between downtown Aspen �
:'�i,�•�
� and the airport ( the A-line identified in the Plan), and between the Aspen and ; •„y�.
Snowmass(the Gline identified in the Plan). �`
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• c. Acquisition and operation of park-n-ride or intercept lots in the general area of �
the Brush Creek intersection with Hi�hway 82 and the Airport/Buttermilk Ski E
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area. •;,
id. Any additional elements of the Plan as identified by the unanimous consent of the r�::,,:
,�. ._�
� parties following a reaular public meeting as contemplated by Section 3 ��,�-�
� hereii�above. :
� 8, In the even[that the above referenced county-wide one-half(I/2)cent sales tax and use � �
tax increase is approved by the electors of Pitkin Comity at the November 2, 1993,election,the �.
� County, with the advice and consent of the City and Town, hereby agrees to annually fund or
� finance from use tax revenues the following elements of the Plan: �� }.�
4
- a. Any share attributable to the City, the Town, and the County, for the purchase
of the Denver&Rio Grande right-of-way for trails or other mass transportation
.`
� purposes. �v
� �
;.� � b. Any additional elements of the Plan as identified by the unanimous consent of the .
� parties following a regular public meeting as contemplated by Section 3 •
hereinabove. �,'` -
Annual Renewal and Termination. s`��
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;i 9. This Intergovernmental Agreement may not be terminated unless and until such time as -�� �;�_,
both tlie one-half (1/2) cent sales and use taxes referenced above have been rescinded, "�'=�
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� whereupon any parry may terminate the agreement upon ninety(9Q)days written notice to the �;� !
other parties. . ,��:,
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